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Politics : Dutch Central Bank Sale Announcement Imminent?

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To: GUSTAVE JAEGER who wrote (23168)5/31/2005 5:23:50 PM
From: sea_urchin  Read Replies (1) of 80963
 
Gus > While France's rejection of the proposed European Union constitution was a stinging rebuke to its own leaders, it could have painful consequences for economic integration in Europe and for the most tangible symbol of that unity: the euro.

It certainly seems so. In fact, I was going to ask you your opinion about the "no" vote and why you felt so many French people were happy to vote against the idea of an integrated Europe, something only a short while ago they wanted. I found this article which gives some insights

today.reuters.co.uk

>>Why did French voters reject the EU constitution?

Some balked at having an economic model imposed on the EU which they say puts market interests ahead of social concerns.

Others said the treaty does too little to protect workers and could encourage lower paid workers to flood France from new EU member states in eastern Europe, while some firms leave France for countries with lower taxes and labour costs.

Some simply resented being bullied into something by French or EU leaders they consider out of touch, and many wanted to show their dissatisfaction with high unemployment, government cost-cutting and other economic problems.

"It's a condemnation of the government's economic policy. It (shows) anger about unemployment and anxiety about economic precariousness and lack of jobs," said Mariette Sineau, a political scientist at Paris' Sciences Politiques university.<<
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